If you have ever connected to a Web3 application—whether for DeFi trading, buying NFTs, swapping tokens, or staking—you have surely seen the blue WalletConnect logo.
Like the Visa logo at the checkout counter, it is a mark of trust in the crypto world. Since 2018, WalletConnect has quietly become the backbone of the on-chain ecosystem, seamlessly linking wallets, applications, and blockchains. With over 275 million connections and 45 million users globally, this is not just a tool—it is an essential platform for Web3.
Now, with the launch of WalletConnect Token (WCT), the network is moving towards a fully decentralized future, permissionless and community-owned. Backed by giants like Consensys, Ledger, Figment, along with a token designed for sustainability, WCT promises to revolutionize the on-chain experience. This is why you should pay attention.
WalletConnect: The Proven Bridge in Web3
The on-chain world opens up a promising decentralized future, but for a long time, it was only accessible to a small group of tech-savvy users. WalletConnect was born to change that. Since 2018, the project has provided a simple and secure way to connect wallets to applications, allowing millions to participate in the on-chain economy with just a few clicks. It is now the core connection layer for over 61,000 applications and more than 600 wallets across all major blockchains.
The numbers speak for themselves:
- More than 275 million connections have been made.
- 45 million users worldwide.
- 20 million connections per month for 5 million active users.
These statistics are not only impressive—but also clear evidence of WalletConnect's perfect market fit. In an industry riddled with meme coins and "vaporware" projects, WalletConnect stands out with its open-source, resilient, and widely accepted platform. From MetaMask to Polymarket, it is the trusted bridge for the Web3 experience of millions.
WCT: A Step Towards Decentralization
The launch of WalletConnect Token (WCT) marks an important milestone. With an initial supply of 1 billion tokens, WCT is designed to empower community control and bring the network closer to the decentralized ideal of Web3. This token has key utilities:
- Service Fee: WCT will be used to pay for network services, ensuring long-term sustainability. Although fees are not currently applied, the community can activate them through governance as the network matures.
- Rewards: 17.5% of the supply is allocated to incentivize participants such as wallet providers and node operators, based on performance metrics like uptime and latency.
- Staking: WCT holders can stake tokens to support the network and earn rewards, with higher incentives for long-term commitments.
- Governance: WCT holders have the right to propose and vote on important decisions, from fee structures to reward allocations.
This model creates a self-sustaining ecosystem where users, developers, and operators all benefit. WCT is not just a token—but a tool for the community to shape the future of on-chain connectivity.
The Power of the Community
The success of WalletConnect stems from the community, and WCT is the proof. Recent token sales demonstrate exceptional demand:
- CoinList Community Round: 4x oversubscribed, attracting 18,000 participants from over 100 countries, raising 15.5 million USD against a target of 4 million USD.
- Private Sale on Echo: Raised 500,000 USD in just 11 seconds.
- Bitget LaunchX Round: Met the 4 million USD target in 2 hours, with over 67,000 participants committing a total of 326 million USD.
In total, WalletConnect raised 10 million USD through 4 oversubscribed sales, demonstrating strong community confidence. Currently, over 305,000 people hold WCT and have staked 106.5 million WCT, safeguarding the decentralized future of the network.
Support From Major Names
WalletConnect is not only community-driven—but also supported by industry "giants." With 16 leading node operators like Consensys, Ledger, Kiln, and Nansen, this network is built on a solid foundation, scalable and decentralized. This backing ensures that WalletConnect meets the growing demand for reliable connections as Web3 evolves.
Future Vision
The journey of WalletConnect is not stopping. From the major upgrade to v2 in 2023 to the introduction of operational nodes in 2024, the network is steadily moving towards complete decentralization. Following the approval of the transferability vote and the official listing of WCT in April, the next growth phase is ready.
Growth data shows strong momentum:
- Yearly Comparison: In 2023, WalletConnect supported 41 million connections for 7.2 million users. By 2024, this number skyrocketed to 179 million connections for 31 million users—4.4 times increase.
- March 2025: Just this month, the network processed 18 million connections for the top 8 Web3 wallets.
As the gateway to the on-chain world, WalletConnect is leading the way in meeting the growing demand for secure and seamless connections.
Why is WCT Important?
In a space often dominated by short-term hype, WalletConnect stands out with a proven history, real value, and a community-centered vision. WCT is not just another token—it is the key to unlocking the future of the on-chain experience, reinforced by data, trust, and a clear strategy.
Whether you are a user, developer, or node operator, WCT provides the opportunity to participate in and benefit from the network's development. With staking, governance, and rewards, this token ensures that the community remains at the center of WalletConnect's evolution.
